The Asian Infrastructure Investment Bank (AIIB) and the Arab Fund for Economic and Social Development signed a memorandum of ...

The agreement will promote, among other things, co-financing, co-guaranteeing and other forms of joint participation for development projects.

The signing ceremony took place on the sidelines of the Fourth International Conference on Financing for Development ...

External debt hits 70.63 trillion naira ($45.97 billion), up from $42.11 billion Domestic debt also increases as government faces growing budget pressures Parliament reviews new $24.14 billion loan ...

UN chief Antonio Guterres urged the world to "rev up the engine of development" at an aid conference on Monday as US-led cuts ...

The agreement was formalized by AfDB President Dr. Akinwumi Adesina and AIIB President Jin Liqun on the sidelines of a ...

China's manufacturing activity shrank for a third straight month in June, though at a slower pace, as increases in new orders ...

In a decade of global uncertainty, Asian Infrastructure Investment Bank has stayed true to multilateralism for sustainable development since its founding in 2015. At the 10th Annual Meeting of the ...

According to central bank sources, the addition of $350 million from the World Bank on 24 June had initially pushed reserves to $22.32 billion. Since then, over $1.30 billion in IMF loan disbursements ...

YUEN FOONG KHONG is Li Ka Shing Professor of Political Science and Co-Director of the Centre on Asia and Globalization at the ...

BEIJING (Reuters) -China's factory activity likely shrank for a third straight month in June, a Reuters poll showed on Friday ...

The AIIB, proposed by President Xi Jinping in late 2013, started operations in January 2016 and its Board of Governors held its first annual meeting in June that year. The bank is designed to develop ...